Simbhaoli Sugars Limited has informed the Exchange regarding 'Dear Sir/Ma'am, With reference to the provisions of the above captioned, we hereby confirm and undertake that Simbhaoli Sugars Limited is not a Large Corporate as per the Criteria specified in para 2.2 of SEBI Circular Ref.: SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 23, 2019 for the year ended March 31, 2025. Accordingly, the Disclosure in "Annexure - A" to the said Circular is not applicable. '.
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Simbhaoli Sugars Limited has submitted a declaration to the stock exchange confirming that it does not qualify as a 'Large Corporate' under SEBI's criteria for the financial year ended March 31, 2025. The classification is based on the framework outlined in SEBI's August 2021 and October 2023 circulars, which typically apply to companies with outstanding borrowings above a specified threshold. Since the company falls outside this category, it is exempt from submitting the additional disclosure required under 'Annexure - A' of the circular. This is a routine annual compliance filing submitted as a self-declaration.
No material impact on shareholders or stock price. This is a standard regulatory compliance declaration that simply means the company is not subject to the additional borrowing-related disclosure requirements that apply to larger listed entities.